When buying a house, it’s important not to break the unwritten, etiquette-based rules of the process. For example, when you find a listing you like, the proper response is to go through your buyer’s agent, not to just contact the listing agent directly. Since the listing agent represents only the seller, going through your own agent guarantees you have someone at the table looking out for your interests. Be prepared to sign a buyer-broker agreement from the outset in order to lock in your buyer’s agent. Don’t make offers when you haven’t been pre-approved by your lender, and don’t be late to showings, either.
- When people want to buy a house, they are usually in a state of excitement but they should realize that in that state they do not make good decisions.
- Some of the rules that guide real estate trade can be written but some can also be unwritten etiquette rules that if broken can void the agreement.
- When one sees a home he loves online, he should not first call the listing agent, but rather should contact his buying agent who will call the listing agent.
“Namely, it means both buyer and seller have an agent looking out for their distinct interests, facilitating the deal.”